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Motherson Sumi Systems gets revision in credit ratings

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Capital Market
Last Updated : Dec 07 2017 | 8:31 PM IST

From CRISIL

Motherson Sumi Systems announced that CRISIL has revised the ratings of the Company as under -

Total Bank loan facilities (Rs 750 crore)
Long term rating - CRISIL AA/ Positive (Outlook revised from 'Stable' and rating reaffirmed)
Short term rating - CRISIL A1+ (Reaffirmed)

Commercial Paper (Rs 150 crore) - CRISIL A1+

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First Published: Dec 07 2017 | 8:06 PM IST

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